Which of the Following Is Defined as the Value or Worth

question 10

Multiple Choice

Which of the following is defined as the value or worth of a specific health state and can be measured by the preferences of persons for any set of health states?

• A) Benefit
• B) Utility
• C) Asset
• D) Supply

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Definitions:

Administrative Law Judge

An official who presides over federal, state, or local administrative hearings and has the authority to make decisions on disputes involving administrative laws.

Subpoena

A document issued by a court ordering someone to appear in court or to produce documents or evidence.

Food And Drug Administration

A federal agency of the United States Department of Health and Human Services responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs, vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices (ERED), cosmetics, animal foods & feed, and veterinary products.

Trade Secrets

Confidential business information that provides a competitive edge, such as formulas, practices, processes, designs, instruments, or patterns.